Syracuse furniture retailer Goldberg's closing

NORTH SYRACUSE, N.Y. —- Home furnishings retailer Goldberg's is preparing to close after nearly 100 years in business, the president and owner confirmed Wednesday.

Andrew Goldberg said letters have gone out to longtime customers, giving them "first crack" during a final sale running until Sept 1, before a going-out-of-business sale begins.

The promotional to midpriced Goldberg's opened in 1910 and once operated a chain of seven stores across central New York. Last year it closed three of its four remaining stores, leaving it with the 100,000-square-foot North Syracuse showroom.

Andrew Goldberg, the fourth-generation owner and operator — and a relative of the Goldberg family that owns and operates the Top 100 company Raymour & Flanigan of Liverpool, N.Y. — said a number of factors led to the decision to close, including increased competition and the economic climate. "It all added up," he said.

The liquidation is expected to wrap up before December, he said. He declined to disclose projected sales.

VIDEOS

Furniture Retail Solutions

Over the past year, our editorial team has been on the road, studying retail – what's working and what challenges even the most established retailers face. Born from these studies is Furniture Retail Solutions – a multi-part series addressing common problems retailers face. Read our first two articles: